If you’re looking for a reliable online broker, ClickTrades should be your first choice. The broker offers several trading platforms and flexible leverage of up to 1:300. Nevertheless, its selection is limited, and the company does not accept clients from some jurisdictions. We’ve looked at the company’s positive features and its cons.
ClickTrades offers a variety of trading platforms.
ClickTrades has a variety of trading platforms for its clients. It’s Online Trading Central (OTC) provides deep market information, practical trading suggestions, and a rich analytics tool for technical analysis. ClickTrades is regulated in Seychelles and is operated by KW Investments Limited. Its parent company, Key Way Solutions Ltd, manages the business from Nicosia, Cyprus.
ClickTrades uses MetaTrader4 and MT5 trading platforms. These platforms are widely used by traders and are trusted for their analytical ability. They also offer good trading conditions. The leverage on ClickTrades’s trades is one-third, a very high ratio that can make or break a trade. This is more than double what is allowed by regulated brokers. This means that ClickTrades has more flexibility than other brokers.
ClickTrades also offers a demo account, which is helpful for new traders. There is also an array of research tools available.
It offers flexible leverage of up to 1:300
ClickTrades UAE offers a responsive trading platform with ten charts that can be viewed simultaneously. The platform also has a built-in stop-loss and take-profit feature and third-party technical analysis tools. It also provides a news feed and up-to-date analytics. A demo account is available for free, and it enables traders to practice trading without risking their own money.
Leverage is an important factor in trading. Trading leverage varies according to the instrument and can be as high as 1:300 for major and minor currency pairs. It can range from one to 20 for stocks, gold, and silver and up to 1:100 for commodities and bonds. The trading leverage is also offered for cryptocurrencies such as Bitcoin.
Another important aspect to consider when deciding on a broker is the flexibility of the spread. With a flexible 1:300 leverage, ClickTrades allows investors to trade more for less. This type of trading can help a trader take a larger risk. It also allows traders to use higher leverage, which is ideal for more experienced traders. In addition to flexible leverage, ClickTrades also provides commission-free transactions.
It offers a small selection of alternatives.
ClickTrades UAE offers a small variety of alternative trading methods. These include wire transfers, credit cards, Skrill, Neteller, and Trustly. They also accept deposits and withdrawals using the same method as deposits. The downside to ClickTrades is its high commissions and high spreads. There are many more reputable brokers with better trading conditions.
ClickTrades is a company that operates in Cyprus. It is owned by Key Way Solutions Ltd., a Cyprus-based financial service provider, which the Seychelles Financial Services Authority regulates. It is not regulated by the Cyprus Securities and Exchange Commission or any other EU financial regulator. As a result, it does not have the legal right to target European citizens.
It does not accept clients from certain jurisdictions
ClickTrades does not accept clients from jurisdictions that do not allow them to open an account. This is the case with Japan, Canada, and the USA. You will need to find another brokerage firm if you reside in one of these jurisdictions. However, if you do not live in one of those jurisdictions, you may find ClickTrades a great option.
ClickTrades offers a 0-commission policy and does not charge its clients any additional fees for deposits or withdrawals. The only fees you will have to pay are for overnight swaps. This makes it easier for you to afford to trade. However, it is important to note that brokers are required to adhere to anti-money laundering laws, so they may ask for proof of funds before allowing you to deposit money.
ClickTrades has a reputation for providing reliable trading software and various trading tools. Its mother company is Seychelles-based and offers state-of-the-art financial services. Its services are geared towards experienced traders and investors. ClickTrades also offers a wide variety of asset types to trade. Whether you’re an experienced trader or a beginner, this broker will provide you with the tools and support you need to succeed. The company also offers high leverage, zero-commission transactions, and other features that make trading fun.
